- In the last two flashcards, we talked about carbon tax. Let’s take a step forward to the recommendations given by a former Planning Commission member.
- In India, we follow Euro norms under the label “Bharat stage” norms. This defines the maximum limit of pollutant that a vehicle can emit.
- Recommended nationwide fuel standards to be BS-4. Upgrading refineries to produce Euro-V equivalent petrol and diesel will need ~Rs.80,000 crore.
- Cost can be met by a Special Fuel Upgradation Cess of 75 paise per litre on fuel. BS-6 emission norms are expected by 2024.
Discuss: What are the parameters of Bharat Stage or Euro norms? Go to the 2nd part of the same series.